CCC INFORMATION SERVICES UNVEILS ACCESS CLAIMS SERVICES(SM); The Complete Auto Collision Claims Management Solution.CHICAGO--(BUSINESS WIRE)--Aug. 3, 1995--The insurance industry -- which spends $5 billion to $7 billion annually on claims adjusting and processing alone -- faces a pressing need to reduce costs while maintaining high customer satisfaction. In response, insurers are obtaining services from the most efficient providers, regardless of whether they are internal or external to the organization. To help them meet that challenge, CCC CCC A very speculative grade assigned to a debt obligation by a rating agency. Such a rating indicates default or considerable doubt that interest will be paid or principal repaid. Also called Caa. Information Services See Information Systems. Inc. announces the introduction and immediate availability of ACCESS Claims Services(SM), a complete claims management solution supporting the auto insurance claims industry. From the initial loss report through vehicle appraisal and reinspection, to post-repair customer satisfaction surveys, ACCESS can significantly reduce administrative costs administrative costs, n.pl the overhead expenses incurred in the operation of a dental benefits program, excluding costs of dental services provided. while ensuring that the total claim process runs efficiently. As a result, the overall claims settlement cycle is substantially reduced, and customers receive personalized per·son·al·ize tr.v. per·son·al·ized, per·son·al·iz·ing, per·son·al·iz·es 1. To take (a general remark or characterization) in a personal manner. 2. To attribute human or personal qualities to; personify. attention that is focused on a speedy and satisfactory resolution of their claim. By electronically transmitting information between the insurer and a network of quality appraisers and repair facilities that have been authorized au·thor·ize tr.v. au·thor·ized, au·thor·iz·ing, au·thor·iz·es 1. To grant authority or power to. 2. To give permission for; sanction: to complete appraisals, ACCESS enables a shorter repair cycle, faster settlement and the assurance of quality, all delivered through the resources of CCC. Through ACCESS, the insurance company can leverage its core competencies A core competency is something that a firm can do well and that meets the following three conditions specified by Hamel and Prahalad (1990):
Insurance companies taking advantage of ACCESS services receive the benefits of CCC's considerable claims resources, entirely transparent to the insured, without having to make costly additional investments in resources and personnel. Insurers can choose from a ``menu'' of features to best complement their existing operations and business objectives. ACCESS offers fully integrated communications, providing enhanced functionality, flexibility and decision-making. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Jack Rozint, senior vice president of ACCESS Claims Services, ``ACCESS is a unique offering and an integral part of CCC's vision for the claims solution of the future. In today's claims environment, cost containment cost containment, n the features of a dental benefits program or of the administration of the program designed to reduce or eliminate certain charges to the plan. , responsiveness, efficiency and customer satisfaction are critical issues, and ACCESS helps insurers meet those challenges.'' ACCESS can manage the entire claims settlement, from loss report to reinspection, with the following integrated features: -- Electronic Communications. ACCESS electronically links the claims office with leading collision repair facilities, appraisers, parts supplier, salvor sal·vor n. 1. One who salvages or assists in salvaging a ship or its cargo. 2. A ship used in salvage. [salv(age) + -or1.] Noun 1. and rental companies, providing the connectivity to better expedite ex·pe·dite tr.v. ex·pe·dit·ed, ex·pe·dit·ing, ex·pe·dites 1. To speed up the progress of; accelerate. 2. the claim. Insurers can gain instant access to the status of the repair, and detect and prevent fraud, helping them save both time and expense. -- Certified Appraiser A person selected or appointed by a competent authority or an interested party to evaluate the financial worth of property. Appraisers are frequently appointed in probate and condemnation proceedings and are also used by banks and real estate concerns to determine the market and Repair Network. ACCESS manages the process for its participants, to ensure that repair facilities and appraisers provide quality repairs and professional service. CCC's network of facilities and appraisers have been prequalified and provide written warranties. -- Quality Control Services. The ACCESS solution can actively monitor the performance of service providers, based on standards determined by the insurer, such as adherence to appraisal guidelines and targeted re-inspections. Detailed management reports are provided to track results. -- Customer Service Reports. Satisfaction surveys of insureds and claimants inform insurers of potential problem areas and support proactive solutions. Alerts are immediately dispatched to both the insurance company and repair facility for review. This allows the insurer to track performance and to provide its customers with a choice of competent, high quality repair facilities. CCC Information Services, headquartered in Chicago, is the claims industry's leading supplier of advanced claims management, software and communication systems. Its value-added, technology-based products and services increase efficiency and facilitate communication between more than 350 insurance companies and more than 7,000 collision repair facilities, plus a range of business partners. For more information about ACCESS, contact David Gaier or Peter Duckler at HLB HLB Hong Leong Bank HLB Hydrophilic-Lipophilic Balance HLB Horton Lees Brogden Lighting Design (company with studios in New York, San Francisco, Los Angeles, and Boston) HLB Hotels Licensing Board (Singapore) Communications, 312/649-0371. CONTACT: HLB Communications David Gaier or Peter Duckler, 312/649-0371 |
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